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Jiangsu Baoli International Investment to dissolve aviation equipment manufacturing unit

Monday, 4 Dec 2017

Dec 4(Reuters) - Jiangsu Baoli International Investment Co Ltd <300135.SZ>:Says it plans to dissolve a Jilin-based aviation equipment manufacturing unit.

Unilever Continues To Expect 2017 Underlying Sales Growth of 3-5 pct

Tuesday, 28 Nov 2017

Nov 28 (Reuters) - Unilever Plc ::‍UPDATE ON UNILEVER'S 2020 PROGRAMME TO ACCELERATE SUSTAINABLE SHAREHOLDER VALUE CREATION​.SAYS ‍OUTLOOK FOR 2017 IS RECONFIRMED​.‍CONTINUE TO EXPECT UNDERLYING SALES GROWTH WITHIN 3 TO 5% RANGE​.‍BOARD IS CONDUCTING A REVIEW OF DUAL-HEADED LEGAL STRUCTURE​.‍BOARD CONSIDERS THAT UNIFICATION WITH A SINGLE SHARE CLASS WOULD BE IN BEST INTERESTS OF UNILEVER​.SAYS ‍REVIEW BY BOARD IS CONTINUING AND OUTCOME WILL BE ANNOUNCED IN DUE COURSE​.‍CONNECTED 4 GROWTH EXPECTED TO DELIVER GROWTH AHEAD OF MARKETS, EXPECTED TO TRANSLATE TO UNDERLYING SALES GROWTH OF 3-5% PER YEAR BETWEEN NOW-2020​.INTENDS TO ‍TERMINATE N.V. PREFERENCE SHARES​.INTENDS TO ‍CONTINUE TO APPLY BOTH UK AND DUTCH CORPORATE GOVERNANCE CODES​.‍WHATEVER OUTCOME, UPON ANY UNIFICATION, BOARD INTENDS TO, MAINTAIN LISTINGS IN NETHERLANDS, UNITED KINGDOM AND UNITED STATES​.‍EXIT FROM CO'S SPREADS BUSINESS VIA SALE OR DE-MERGER REMAINS FULLY ON TRACK​.

Unilever Continues To Expect 2017 Underlying Sales Growth of 3-5 pct

Tuesday, 28 Nov 2017

Nov 28 (Reuters) - Unilever Plc ::‍UPDATE ON UNILEVER'S 2020 PROGRAMME TO ACCELERATE SUSTAINABLE SHAREHOLDER VALUE CREATION​.SAYS ‍OUTLOOK FOR 2017 IS RECONFIRMED​.‍CONTINUE TO EXPECT UNDERLYING SALES GROWTH WITHIN 3 TO 5% RANGE​.‍BOARD IS CONDUCTING A REVIEW OF DUAL-HEADED LEGAL STRUCTURE​.‍BOARD CONSIDERS THAT UNIFICATION WITH A SINGLE SHARE CLASS WOULD BE IN BEST INTERESTS OF UNILEVER​.SAYS ‍REVIEW BY BOARD IS CONTINUING AND OUTCOME WILL BE ANNOUNCED IN DUE COURSE​.‍CONNECTED 4 GROWTH EXPECTED TO DELIVER GROWTH AHEAD OF MARKETS, EXPECTED TO TRANSLATE TO UNDERLYING SALES GROWTH OF 3-5% PER YEAR BETWEEN NOW-2020​.INTENDS TO ‍TERMINATE N.V. PREFERENCE SHARES​.INTENDS TO ‍CONTINUE TO APPLY BOTH UK AND DUTCH CORPORATE GOVERNANCE CODES​.‍WHATEVER OUTCOME, UPON ANY UNIFICATION, BOARD INTENDS TO, MAINTAIN LISTINGS IN NETHERLANDS, UNITED KINGDOM AND UNITED STATES​.‍EXIT FROM CO'S SPREADS BUSINESS VIA SALE OR DE-MERGER REMAINS FULLY ON TRACK​.

Unilever says to buy U.S-based Sundial Brands

Monday, 27 Nov 2017

Nov 27 (Reuters) - Unilever Plc ::UNILEVER TO ACQUIRE SUNDIAL BRANDS.UNILEVER TO ACQUIRE SUNDIAL BRANDS.‍TO ACQUIRE SUNDIAL BRANDS, A NEW YORK-BASED PERSONAL CARE PRODUCTS COMPANY​.‍SUNDIAL BRANDS WILL OPERATE AS A STANDALONE UNIT WITHIN UNILEVER​.‍SUNDIAL'S FOUNDER, RICHELIEU DENNIS, WILL CONTINUE TO LEAD BUSINESS AS CEO AND EXECUTIVE CHAIRMAN​.‍TERMS OF TRANSACTION WERE NOT DISCLOSED. SUBJECT TO REGULATORY APPROVAL, TRANSACTION IS EXPECTED TO CLOSE IN QUARTER ONE 2018​.

Unilever says to buy U.S-based Sundial Brands

Monday, 27 Nov 2017

Nov 27 (Reuters) - Unilever Plc ::UNILEVER TO ACQUIRE SUNDIAL BRANDS.UNILEVER TO ACQUIRE SUNDIAL BRANDS.‍TO ACQUIRE SUNDIAL BRANDS, A NEW YORK-BASED PERSONAL CARE PRODUCTS COMPANY​.‍SUNDIAL BRANDS WILL OPERATE AS A STANDALONE UNIT WITHIN UNILEVER​.‍SUNDIAL'S FOUNDER, RICHELIEU DENNIS, WILL CONTINUE TO LEAD BUSINESS AS CEO AND EXECUTIVE CHAIRMAN​.‍TERMS OF TRANSACTION WERE NOT DISCLOSED. SUBJECT TO REGULATORY APPROVAL, TRANSACTION IS EXPECTED TO CLOSE IN QUARTER ONE 2018​.

Coty qtrly loss per share $‍0.03​

Thursday, 9 Nov 2017

Nov 9 (Reuters) - Coty Inc : :Coty Inc. Reports first quarter fiscal 2018 results.Coty Inc - qtrly loss per share $‍0.03​.Qtrly adjusted earnings per share $0.10 ‍​.Coty Inc qtrly ‍net revenues of $2,238.3 million increased 5% for combined company at constant currency​.Coty - ‍excluding positive contribution from deals of GHD and Younique, combined company organic net revenues declined 2% on a constant currency basis​.Coty - ‍"saw strong growth in luxury, continued positive momentum in professional and a reduced net revenue decline in consumer beauty division" in quarter​.Q1 earnings per share view $0.07, revenue view $2.24 billion -- Thomson Reuters I/B/E/S.Coty Inc - ‍as of Sept 1, have exited third and final TSA with P&G for Almea region and now have control of processes, systems and data across new Coty​.Coty - ‍looking ahead to remainder of fiscal 2018 expect to continue to deliver on announced synergies, finalize streamlining of brand portfolio​.Coty Inc- ‍looking ahead to remainder of fiscal 2018, also expect to relaunch several key brands​.Coty - ‍negative free cash flow of $120.3 million was impacted by acquisition & restructuring costs, and declined from $101.8 million for legacy-coty in quarter.

Pola Orbis Holdings to dissolve and liquidate Tokyo-based cosmetics sales unit

Wednesday, 8 Nov 2017

Nov 8 (Reuters) - Pola Orbis Holdings Inc <4927.T>:Says it will complete dissolution and liquidation of Tokyo-based cosmetics sales unit after March 2018 .

Avon Q3 EPS $0.01 from continuing operations

Thursday, 2 Nov 2017

Nov 2 (Reuters) - Avon Products Inc ::Avon reports third-quarter 2017 results.Q3 adjusted earnings per share $0.03 from continuing operations.Q3 earnings per share $0.01 from continuing operations.Q3 earnings per share view $0.07 -- Thomson Reuters I/B/E/S.Q3 revenue $1.4 billion.Q3 revenue view $1.41 billion -- Thomson Reuters I/B/E/S.Avon Products Inc qtrly ‍south latin america revenue was down 1 pct, or relatively unchanged in constant dollars​.Avon Products Inc qtrly ‍north latin america revenue was up 5 pct, or 2 pct in constant dollars​.Avon Products Inc - ‍expects to meet its 2017 cost savings target and deliver positive free cash flow for year​.Avon Products Inc - ‍"with mixed results in q3 and some positive trends, we expect to see modest improvement continue in q4"​.Avon Products-is within about $25 million of annual savings target,is over half way to total cost savings targeted for 3 year transformation plan of $350 million​.Avon Products Inc - ‍expect annual results to come in below 2017 guidance​.Avon Products -‍expects improvement in q4, with flat to slightly positive performance compared to last year in constant-dollar revenue, adjusted operating margin​.Avon Products - ‍ during Q3 of 2017, co recorded costs to implement restructuring within operating profit of approximately $6 million before and after tax​.

Colgate reports Q3 earnings per share of $0.68

Friday, 27 Oct 2017

Oct 27 (Reuters) - Colgate-palmolive Co :Colgate announces 3rd quarter 2017 results.Q3 earnings per share $0.68.Q3 sales $3.974 billion versus I/B/E/S view $3.94 billion.Q3 earnings per share view $0.73 -- Thomson Reuters I/B/E/S.Q3 earnings per share $0.73 excluding items.Colgate- Palmolive co qtrly ‍ organic sales (net sales excluding impact of foreign exchange, acquisitions and divestments) increased 1.5%​.Colgate-Palmolive co - ‍net income in Q3 2017 included $39 million ($0.05 per diluted share) of aftertax charges​.Colgate-Palmolive - ‍Q3 included $39 million aftertax charges resulting from company's global growth and efficiency program​.Colgate-Palmolive co - ‍North America net sales decreased 0.5% in Q3 2017​.Colgate-Palmolive co - ‍ on Oct 26, board approved an expansion of global growth and efficiency program, extension of program through December 31, 2019​.Colgate-Palmolive co - ‍latin America net sales increased 6.5% in Q3 2017​.Colgate-Palmolive co - ‍aftertax charges for 2017 are now estimated to be $250 million to $280 million​.Colgate-Palmolive - sees cumulative aftertax charges related to global growth, efficiency program, once projects implemented of $1,280 million - $1,380 million​.Colgate-Palmolive - ‍cumulative aftertax savings projected to increase to $500 million to $575 million annually, once all projects are implemented​.

P&G posts Q1 core earnings per share $1.09

Friday, 20 Oct 2017

Oct 20 (Reuters) - Procter & Gamble Co :P&G announces first quarter earnings.Q1 core earnings per share $1.09.Q1 earnings per share $1.06 from continuing operations.Q1 sales $16.7 billion versus I/B/E/S view $16.7 billion.Q1 earnings per share view $1.08 -- Thomson Reuters I/B/E/S.P&G - ‍P&G said it is maintaining its guidance for organic sales growth in range of two to three percent for fiscal 2018​.P&G - qtrly ‍beauty segment organic sales increased five percent versus year ago​.P&G qtrly ‍organic sales increased one percent​.P&G - qtrly ‍fabric and home care segment organic sales increased two percent versus year ago driven by gains in fabric care​.P&G - qtrly ‍baby, feminine and family care segment organic sales decreased one percent versus prior year​.P&G - ‍estimates all-in sales growth of about three percent for fiscal 2018​.P&G - ‍maintains expectation for fiscal 2018 core earnings per share growth of five to seven percent versus fiscal 2017 core eps of $3.92​.P&G - ‍on track to deliver its targets for fiscal year​.P&G - ‍fiscal 2018 gaap eps estimate includes approximately $0.10 per share of non-core restructuring costs​.P&G - ‍maintaining fiscal 2018 core eps growth estimates despite over $100 million commodity cost headwinds from hurricanes that impacted gulf coast in Sept.​.P&G - fiscal 2018 ‍all-in GAAP earnings per share are expected to decrease 26 pct to 28 pct versus fiscal year 2017 GAAP EPS of $5.59​.

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